West Union Bank


Overview / Commentary
304-873-2361
212 Main Street
West Union, WV 26456

West Union Bank is headquartered in WEST UNION and is the 22nd largest bank in the state of West Virginia. It is also the 2,630th largest bank in the nation. It was established in 1893 and as of September of 2024, it had grown to 45 employees at 5 locations. West Union Bank's CD rates are 2X the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #2452
Year Established1893
Employees45
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.56%
Return on Equity - YTD10.76%
Annual Interest Income$8.7MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$271MM$249.3MM
LoansQ3 2024vs Q3 2023$128.6MM$108MM
DepositsQ3 2024vs Q3 2023$238.2MM$232.8MM
Equity CapitalQ3 2024vs Q3 2023$16.6MM$9.2MM
Loan Loss AllowanceQ3 2024vs Q3 2023$1.7MM$1.5MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$126K$49K
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates
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West Union Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$0$75kKasasa Saver

West Union Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
6.05%$0$25kKasasa Cash

West Union Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.06%$500-7 Month CD Special
3.25%$500-10 Month CD
2.40%$500-90 Day CD
2.30%$500-182 Day CD
2.10%$500-12 Month CD
2.00%$500-18 Month CD
2.00%$500-24 Month CD
2.00%$500-15 Month CD
1.90%$500-27 Month CD
1.90%$500-30 Month CD
1.90%$500-36 Month CD
1.80%$500-48 Month CD
1.80%$500-60 Month CD
1.80%$500-40 Month CD
Locations


West Union Bank Locations
Salem Branch1 Westgate CenterSalem, WV 26426
Pennsboro Branch101 Eagle DrivePennsboro, WV 26415
West Union Bank212 Main StWest Union, WV 26456
Harrisville Branch201 E Main StreetHarrisville, WV 26362
Newpointe Plaza Shopping Center Branch320 Emily DriveClarksburg, WV 26301

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